The GRAPH - Google Of Blockchains? GRT Token Explained

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  • Опубликовано: 2 окт 2024
  • So what is The Graph Protocol all about? Why do some people call it the Google of Blockchains? And what is the use case for the GRT token? You’ll find answers to these questions in this video.
    The Graph is an indexing protocol for querying blockchain data that enables the creation of fully decentralized applications.
    The project was started in late 2017 by a trio of software engineers who were frustrated by the lack of tooling in the Ethereum ecosystem which made building decentralized applications hard. After a few years of work and a lot of iterations, The Graph went live in Dec 2020.
    The Graph, as one of the infrastructure protocols, can be quite tricky to grasp, so before we jump into the details, let’s try to understand what indexing - the main concept behind The Graph - actually is.
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Комментарии • 364

  • @Finematics
    @Finematics  3 года назад +21

    💛 Support Finematics on Patreon and join our Discord community ► www.patreon.com/finematics
    ❓ What do you think about The Graph? Comment down below
    📘 Check out our FREE Guide to DeFi ► finematics.com/guide-to-decentralized-finance/
    👍 Hit the like button if you enjoyed this video
    🐦 Follow Finematics on Twitter ► twitter.com/finematics

  • @connors4955
    @connors4955 3 года назад +274

    I don’t think I’ve ever commented on a RUclips video but I have to say, you make the best DeFi content hands down! Keep it up

    • @Finematics
      @Finematics  3 года назад +12

      Thanks a lot! Appreciate your comment :)

    • @ghl3889
      @ghl3889 3 года назад +2

      I 100% agree

    • @demoscratosbrexitnow2545
      @demoscratosbrexitnow2545 3 года назад

      Well after watching this I purchased GRT very informative, well presented and I'll be watching more.
      Thanks

    • @rayfinkle9369
      @rayfinkle9369 3 года назад +1

      Definitely. He does a great job explaining difficult subjects.

    • @tigrisor24
      @tigrisor24 3 года назад +1

      100% agree

  • @DCStroe
    @DCStroe 3 года назад +130

    A very undervalued, underexposed channel.
    Every upload is incredibly detailed yet ELI5 in the same time
    Great job

  • @cajogos
    @cajogos 3 года назад +146

    As a developer this is definitely a project that has my full interest!

    • @Finematics
      @Finematics  3 года назад +8

      Same here :)

    • @leo12745
      @leo12745 3 года назад

      Isn’t PARSIQ better?

    • @Barz4Dice
      @Barz4Dice 3 года назад +3

      @@leo12745 They have a different usecase..

    • @vknight7497
      @vknight7497 3 года назад +1

      What’s the value though? Who will want this service?

    • @cajogos
      @cajogos 3 года назад +1

      @@vknight7497 I'm using The Graph in a project already.

  • @lordhagen5765
    @lordhagen5765 3 года назад +103

    Already a subscriber but I feel like subscribing again.

  • @bitcoins4489
    @bitcoins4489 3 года назад +35

    I remember making a Steem analytics app in 2017 and had to go through so much redundant indexing.
    This caused me to add an asynchronous loading button to acquire more data so the end user doesn’t have to wait for everything to load.
    The crypto world isn’t aware on how important this is and how impactful it will be!

  • @imike964
    @imike964 Год назад +3

    I watched this video and still have no idea how The Graph works lol. Thank god there are much smarter people out there creating these products for us to use.

  • @coolhead8686
    @coolhead8686 2 года назад +18

    As a software engineer, I fully understood your explanation. This is very good for blockchains.

  • @biddls
    @biddls 3 года назад +25

    Thanks for providing information instead of screaming into the screen like some other hype only youtubers

  • @kelumon1
    @kelumon1 3 года назад +6

    You have the sweetest voice, kinda makes me fall asleep. But the way you engage with the video helps me stay awake bro.

  • @donjuan914
    @donjuan914 3 года назад +7

    Thanks for keeping everyone educated. You're great at what you do.

    • @Finematics
      @Finematics  3 года назад +1

      Thanks, I appreciate that! :)

  • @renaissancemaneric8019
    @renaissancemaneric8019 3 года назад +4

    Digital drawings make for supper strong content with accurate information. Nice work!

  • @wdmeister
    @wdmeister 3 года назад +7

    This is what i was looking for! If fees are reasonable then this is a gamechanger! Now i know why people are so hyped about it.

  • @PrithviS-kw2cy
    @PrithviS-kw2cy 3 года назад +50

    Graph is a Top 10 coin! It's sad there's so much FUD on their telegram channel! They're gonna be surprised in next few years!

    • @bitcoins4489
      @bitcoins4489 3 года назад +4

      Exactly this! The innovation in crypto are destined to use this.

    • @dukundegakondo
      @dukundegakondo 2 года назад

      I hold 1k & wait 2023 😎

    • @JaeElle
      @JaeElle 5 месяцев назад

      Hello from the future, I'm curious how well you guys did. It's 2024 and Graph gives grt for leaving about them on Coin Base, it seems like it's a super useful project but I'm not seeing the hype now like the hype from 2021. What's everyone's thoughts on Graph today?

    • @skyking168
      @skyking168 3 месяца назад

      Holding 76k coins and looking forward to 2025-2030

  • @virtualparadise1954
    @virtualparadise1954 3 года назад +12

    Thanks for the great video explainer! I had a hard time understanding GRT before. If you're taking requests, I'd also like to know about Wise token since it appeared on top of Uniswap rankings! Would be great to get your explanation on the project. Subbed!

  • @rafaelfarcher6955
    @rafaelfarcher6955 3 года назад +14

    I love your easy to understand explanations! A Polkadot video would be amazing! 🦄

  • @douglasgrosch228
    @douglasgrosch228 3 года назад +24

    Gut feeling this a huge winner..Chainlink brother..

    • @Jacob-jl8xc
      @Jacob-jl8xc 3 года назад +6

      Yes, I was thinking the same thing. It is a first mover in a space that will likely grow in importance - just like chainlink was the first mover in oracles. This is one I'm hodling for sure.

    • @cookievretter5237
      @cookievretter5237 3 года назад +3

      I'm really amazed by how the graph works. It might be worth buying some!

  • @solomonamiri7671
    @solomonamiri7671 2 года назад +4

    We’re probably closer to the bottom than to the top. Been buying this baby up like crazy lately

  • @KennyFromthaA
    @KennyFromthaA 6 месяцев назад

    I’m trying to focus on the info but your drawing is just too good bro ✍️

  • @JSanchezz
    @JSanchezz 2 года назад

    1.5 minutes into this and I'm already loving the video. thank you. subscribed.

  • @rCrypto_Frog4148
    @rCrypto_Frog4148 3 года назад +65

    I didn't comprehend anything this dude just said. . . but I just buy GRT

    • @maniaq6081
      @maniaq6081 3 года назад +4

      😂😂😂😂

    • @northsidejeff9551
      @northsidejeff9551 3 года назад +3

      GRT is so Undervalued. Everyone will Eventually need to use the Graph GRT Platform. Go $100 GRT

    • @novisimo626
      @novisimo626 3 года назад +3

      Love the honesty, I'm with you. Ugh

    • @justinkredible33
      @justinkredible33 3 года назад +3

      @@northsidejeff9551 what makes you think everyone will have to use it?

    • @tekmin1
      @tekmin1 3 года назад +1

      @@northsidejeff9551 haha literally just put $100 today even though im still not sure i fully understand it

  • @reginaldfonseca4400
    @reginaldfonseca4400 3 года назад +8

    Awesome video again, could you make a video explaining the ethereum baseline protocol?

  • @Ihvbo
    @Ihvbo 3 года назад +16

    The graph severely undervalued.

    • @Kategan
      @Kategan 3 года назад +2

      And now 3 weeks later - The Graph is up nearly +400% since this comment was added.

    • @Kategan
      @Kategan 3 года назад

      And now 3 weeks later - The Graph is up nearly +400% since this comment was added.

  • @FunGuyx0x
    @FunGuyx0x 3 года назад +35

    The Graph really looks like a useful tool for future defi apps

  • @ryanbaileyboxing
    @ryanbaileyboxing 3 года назад +7

    Excellent breakdown - this makes me feel confident in investing in this project for a long term HODL position -please analyze FRONT as a major DEFI player!

  • @alexthomson6430
    @alexthomson6430 3 года назад +5

    Thanks for your videos man. I love crypto and am all in. It fascinates me how many problems they are solving just how insanely in depth they can be

  • @mikelajackson9763
    @mikelajackson9763 3 года назад +30

    The Graph is very key infrastructure and I'm glad they took their time to build it right, not rushed.
    And perfect video again! Your the very first channel I actually want to support on patreon. Keep it up!

    • @Finematics
      @Finematics  3 года назад

      Thanks a lot Mikela. Appreciate all of your comments! :)

  • @Palatineoffacts
    @Palatineoffacts 3 года назад +6

    This is really well put together, thanks for this video! and the best thing is deligators are never slashed in the graph!

  • @dennisdecoene
    @dennisdecoene 2 года назад +3

    They say you have to truly understand a concept to be able to explain it. Well, I couldn't repeat this subject even at gunpoint. So kudos my friend.

  • @everything.is.energy2210
    @everything.is.energy2210 3 года назад +20

    having coinbase on board means the graph will move quicker than other coins that do the same thing ,great video good timing

  • @nufractal2955
    @nufractal2955 3 года назад +5

    Your content is top notch. Wow! Thank you!

  • @RPGwitch
    @RPGwitch 3 года назад +8

    In todays noise arround crypto its a great change to get some unbiased inormation about projects. Great content! Keep it up!

    • @Finematics
      @Finematics  3 года назад +1

      Thanks! :)

    • @DegenerateSpeculator
      @DegenerateSpeculator 3 года назад

      @@Finematics can you make a video of your favorite projects? Feel like Im finding exciting new companies every week

  • @urbanmonk67
    @urbanmonk67 3 года назад +6

    Best overall explanation for this awesome project 👏 Thank you!! # GRT

  • @domcl726
    @domcl726 3 года назад +4

    Hey bro,, i bought shit loads of $GRT token when i finish this video first time :D now i made a lots of money big thank you for ur amazing work

  • @leonidzakharov3047
    @leonidzakharov3047 3 года назад +1

    Comment just to promote the channel. Good staff

  • @qwlol
    @qwlol 2 года назад +2

    One thing I don’t understand is why do these protocols all have to have their own tokens? Can’t they settle in the blockchain’s native currencies? I understand the economic incentives - the creators of GRT will be dead rich if the price of their tokens surge - but IMO creating so many different types of tokens is bad for DX and UX and web 3 adoption in general, like imagine needing to keep tab of the balances of so many types of tokens just to get things done.

  • @domcl726
    @domcl726 3 года назад +3

    This network is pure Fck** knowledge. Anybody interested in crypto NEEd this channel

  • @TheXxdarkhackxX
    @TheXxdarkhackxX 3 года назад +1

    Your content is GOLD! I've been wanted to learn more about this crypto for a while now and I'm amazed by the quality of the content of this video 👏👏👏👏
    I'm watching one or 2 videos a day to catch up with the whole DeFi, huge thanks for your work!

    • @Finematics
      @Finematics  3 года назад

      Thanks. Much appreciated! :)

  • @joelaffolter8264
    @joelaffolter8264 3 года назад +4

    I do believe in "The Graph" just invested.

  • @kenliles8246
    @kenliles8246 3 года назад +11

    My first view since I bought some GRT....thank you for a much better understanding of this hidden gem!!

  • @Dutch__Michael
    @Dutch__Michael 3 года назад +4

    I really enjoy your videos. Could you do one about algorithmic stablecoins?

  • @Freedom-kp9jc
    @Freedom-kp9jc 3 года назад +2

    Can’t wait for you to explain $UTU AI oracle, love love your videos and I’m a big fan. Stay safe and keep these videos coming 🔥🔥🔥

  • @Mike9201984
    @Mike9201984 3 года назад +5

    The only thing I don't like about GRT is that a massive dump of coins is scheduled to hit the market around Mid June 2021, which could hurt price. I'm debating whether to buy now or wait until later this year.

    • @zai843
      @zai843 3 года назад

      Any source for that? What will happen on that month?

    • @Mike9201984
      @Mike9201984 3 года назад +2

      @@zai843 thegraph.com/blog/announcing-the-graphs-grt-sale
      Scroll down to where it says “5 Year Circulation Schedule by Bucket”

    • @royzevisionneur2045
      @royzevisionneur2045 3 года назад

      @@Mike9201984 tf does this mean lol

    • @bangafran7082
      @bangafran7082 3 года назад

      Buy signal on mis jume

  • @sarahgibson1204
    @sarahgibson1204 3 года назад +6

    I really love your explanations! Your voice and artwork just work really well together 😊

    • @Snypa_fx
      @Snypa_fx 3 года назад +3

      The way he breaks it down and spoonfeeds it with his soothing voice just works perfectly

    • @Finematics
      @Finematics  3 года назад

      Thank you both for your amazing comments! 💛

  • @crazyhouston4
    @crazyhouston4 3 года назад +3

    Can you maybe explain the new dominance hedges and synthetic index fund recently released and some of the older ones? For example xBTC with rebase function. Isn't this extra volatile compared to the already volatile btc?

  • @AR-ot1sq
    @AR-ot1sq 3 года назад +1

    Keep it up mate! Very nice videos, to the point! Bravo

  • @StephenLee529
    @StephenLee529 3 года назад +4

    A very promising technology.

  • @notlessgrossman163
    @notlessgrossman163 3 года назад

    Excellent presentation, btw the idea of searchable blockchain is great, but the first mention of token with overly complicated scheme, i switched off.

  • @Profound_Travelz
    @Profound_Travelz 3 года назад +2

    This is one of the best explained videos I've seen on any particular crypto, thanks bro!

  • @Mell0wY3ll0w
    @Mell0wY3ll0w 3 года назад +5

    This is my new favourite channel.

  • @jasonbest2055
    @jasonbest2055 3 года назад

    great content! thank you! It would be very interesting to see content about ICX and its full ecosystem.

  • @naturalLin
    @naturalLin 3 года назад +7

    100x in this bull market.

    • @alicangir4637
      @alicangir4637 3 года назад

      The supply is too high

    • @royzevisionneur2045
      @royzevisionneur2045 3 года назад

      Maybe wait 3 or 4 months to be at the bottom of the crypto stock wave ?

    • @royzevisionneur2045
      @royzevisionneur2045 3 года назад +3

      @@alicangir4637 how so ?

    • @naturalLin
      @naturalLin 3 года назад +3

      @@alicangir4637 Supply won't be improtant compared to its market cap

    • @alicangir4637
      @alicangir4637 3 года назад

      Lin Xu yes it will because its harder to reach the higher prices when the supply is high...

  • @jahairl227
    @jahairl227 3 года назад +1

    Good breakdown.

  • @partywrestlerproductionsll1189
    @partywrestlerproductionsll1189 3 года назад +4

    How do you draw so perfect, 5 stars

  • @CryptoB8566
    @CryptoB8566 3 года назад +6

    Grt is early google 👍👍👍

  • @iceginlychee
    @iceginlychee 3 года назад +1

    Quality content = new subscriber

  • @rezkhaleghi8594
    @rezkhaleghi8594 3 года назад +1

    Amazing project.

  • @BlakeBurroughs
    @BlakeBurroughs 3 года назад +3

    I have no idea how much revenue RUclips is paying you for your videos, but I would love to leave a tip. Amazing work.

    • @Finematics
      @Finematics  3 года назад +1

      Thanks a lot! If you would like to support the channel at any point you can find more info on the "About" page :)

  • @Harshp062
    @Harshp062 3 года назад +1

    the graph token price jumped from 0.5$ to 2.88$ today and stable at 2.65$. congrats who bought it earlier.

  • @Simpaulme
    @Simpaulme 3 года назад +12

    I'm in #GRT - I'm a sucker for anything that seems like key infrastructure. And I'm impressed by the level of adoption already.

  • @luiskerazor1378
    @luiskerazor1378 3 года назад +3

    So, The Graph is running for Ethereum Protocol only? Btw thank you, for your videos

    • @allenwu1261
      @allenwu1261 3 года назад +5

      For now, but just like Chainlink there's no reason why it cannot go cross-chain. It's just a protocol.

  • @edwinmartin9660
    @edwinmartin9660 3 года назад +2

    Hi man.. thx for telling about the graph.. now i am 5x from my investment
    Really thanks
    Keep up the work man
    I will always watch you.. 🙂

  • @TheShaolin015
    @TheShaolin015 3 года назад +4

    This sounds like it would work well with ocean protocol.

    • @itsme-le1bg
      @itsme-le1bg 3 года назад

      I asked the opposite question after seeing a vid on Ocean on Real vision. Someone pointed out where Ocean using the graph.

  • @jjlee4409
    @jjlee4409 3 года назад

    Can you please do a similar video to explain Parsiq (PRQ) please?? It is a reverse oracle with on-chain smart triggers capability! I think it is great tech that should be explored more!

  • @nowayusa2013
    @nowayusa2013 3 года назад +1

    Yes it will have a great future

  • @rosarioporalmasdelpurgatorio
    @rosarioporalmasdelpurgatorio 3 года назад +7

    We have been given a rare opportunity. I see the opportunity to buy GRT now as being able to buy Google stock back in 2002. Buy and just keep buying at any price this will only get bigger and bigger.
    The Graph was also listed on Coinbase IMMEDIATELY as it went out to the retail buyers, that along is a tell tell sign. Great video, thank you.

  • @vsx8179
    @vsx8179 3 года назад +1

    It costs 100k GRT staked to become an indexer; around $150000. the coinbase listing was premature; pushed the price up and created a massive barrier to entry. terrible for crypto as a whole and sad to see happen

    • @jacksonmcdonald5443
      @jacksonmcdonald5443 3 года назад

      I believe the grt devs can provide 'grants' in the form of GRT with the intention of other developers becoming indexers.

  • @davidsimon2675
    @davidsimon2675 3 года назад +5

    Your explanations are excellent, thank you for all that you do!

  • @user-he8qc4mr4i
    @user-he8qc4mr4i 3 года назад +1

    I enjoy your videos! thx for sharing!

  • @Laconic_
    @Laconic_ 3 года назад +3

    WE'RE FLYING TO THE MOON LADS

  • @mustafaakhtar3931
    @mustafaakhtar3931 3 года назад +1

    Thank you making this vedio kind sir, very helpful.

    • @Finematics
      @Finematics  3 года назад

      You're welcome! Good to hear they are helpful :)

  • @AntonioLopez-2050
    @AntonioLopez-2050 2 года назад

    For those invested above 0.30 we must wait 2025/26? For full grt value? 1$ in 2026/28? Opinion?

  • @Torpa09
    @Torpa09 2 года назад

    Very exciting stuff 😀

  • @henkspoelstra2034
    @henkspoelstra2034 3 года назад +1

    You are great man

  • @lionpaw8451
    @lionpaw8451 3 года назад +2

    Can you do vid explaining cardano

  • @elhexidente9832
    @elhexidente9832 3 года назад +1

    This is going to take a few days to digest! 🤣 Thanks again! 🧠🐋

  • @domcl726
    @domcl726 3 года назад +2

    You should do a video on Synthetix (SNX token) & video on Kryll & a video The Sandbox (Sand token) & energy web token ( i still struggle this one) lol so many stuff happening just throwing ideas

    • @Finematics
      @Finematics  3 года назад +3

      Synthetix video coming out soon :)

  • @mattb6646
    @mattb6646 3 года назад +1

    I already have a little bit of graph but damn I may just buy a little more. It really comes down to acceptance in the market at the end of the day, regardless of how good it is or isnt.

    • @MarcusPrice1999
      @MarcusPrice1999 3 года назад +1

      This is as straightforward as you will get. He explained this very well You just need to take the time to absorb it.

    • @LearningLazy
      @LearningLazy 10 месяцев назад

      Acceptance is coming my friend

  • @ethertoangle8133
    @ethertoangle8133 3 года назад +1

    How will high ETH miner/tx fees affect the use of the graph? Does querying ethereal block chin cost ETH?

  • @ixxgxx
    @ixxgxx 3 года назад +2

    just bought $1k. we shall see.

  • @princeludju3414
    @princeludju3414 3 года назад +1

    I have learned so much by watching your content. that's Amazing. Thank you

  • @theredflagisgreen
    @theredflagisgreen 3 года назад +1

    Can the indexers index just to index? Or do their actions 100% rely on Curators?

  • @glenfordhudson1355
    @glenfordhudson1355 3 года назад +3

    Which wallet can you safe keep The Graph?

    • @Finematics
      @Finematics  3 года назад +4

      Check out our "Top 3 DeFi Wallets" video. GRT is an ERC20 token so all of the wallets mentioned in that video can store GRT.

    • @glenfordhudson1355
      @glenfordhudson1355 3 года назад

      Thank you

  • @sophie-w8j2m
    @sophie-w8j2m 15 дней назад

    Thanks for the forecast! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). What's the best way to send them to Binance?

  • @hd6811
    @hd6811 3 года назад +1

    Great videos as always, could you make one on SNX staking i 'm sure it will be very helpful to a lot , thanks

  • @free.breaker
    @free.breaker 3 года назад +1

    Cheers so much

  • @ikomike51
    @ikomike51 3 года назад +1

    I understand only nothing

  • @itsme-le1bg
    @itsme-le1bg 3 года назад +1

    so what is the potential to use this on web3 to make another google and put an end to them.

  • @maximedubois7681
    @maximedubois7681 3 года назад +1

    Thank you for this video and explications 🇫🇷

  • @akhilkumar4825
    @akhilkumar4825 3 года назад +1

    Very helpful introduction. Thank you!

  • @jastallion45
    @jastallion45 3 года назад +2

    Your videos, are so clear and informative.. As a newbie to the crypto scene 🙏🏽

  • @butterball_
    @butterball_ 3 года назад +1

    The graph is going to be like the “yahoo” or “ask Jeeves” of the early internet days.

  • @user-hb4qd5cd3e
    @user-hb4qd5cd3e 3 года назад +1

    GRT is on the move!! Next stop $3.80 🚀🚀

  • @sviatminato7409
    @sviatminato7409 3 года назад

    Nice video as always!
    Would be interesting to see your explanation of Aleph.im (aleph.im)

  • @dvms75
    @dvms75 3 года назад +1

    Fantastic content! You truly help us understand and be more interested in participating in DeFI. Thanks a lot!

  • @Shinge1
    @Shinge1 3 года назад +1

    I really struggle to understand how these projects have tokens (in this specific case i get it) and why people that are not involved in the project can buy them.

    • @5gun1
      @5gun1 3 года назад

      Pump and dump scams

  • @lherfel
    @lherfel 2 года назад

    Thanks again

  • @iandaniel77
    @iandaniel77 3 года назад +1

    thanks for the knowledge in this video and the other videos

  • @womblestacker7993
    @womblestacker7993 6 месяцев назад

    April 2024 and its still under 0.40 😂😂😂😂

  • @Antipaavi
    @Antipaavi 3 года назад +5

    Sounds like a much more plausible solution in the context of decentralized applications than modelling blockchains in external data structures that can be queried with standard approaches. This would also seem like being a more scalable solution. As for the video, I would have enjoyed to hear more about the use cases. For example, to which particular use cases do Uniswap or Synthetix use it.